President Jair Bolsonaro’s far-right government launched a barrage of measures on its first day in office on Wednesday to crack down on crime and shrink the size of the state, sending Brazilian markets higher.

Right-wing nationalist Jair Bolsonaro, who has vowed to crack down on political corruption, violent crime and ignite a moribund economy with deregulation and fiscal discipline, was sworn in as Brazil’s president on Tuesday.

Brazilian far-right presidential frontrunner Jair Bolsonaro and his team are increasingly confident of winning this month’s election, and have switched on “cruise control” as they seek to glide to victory, top campaign sources say.